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A federal judge has paused the $110 billion merger between Paramount Skydance Corp and Warner Bros. Discovery Inc. for 14 days following a lawsuit from 12 states concerned about competition in the media market. A hearing is scheduled for August 3 to address the potential indefinite blocking of the deal.
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A federal judge has paused the $110 billion merger between Paramount Skydance Corp and Warner Bros. Discovery Inc. for 14 days following a lawsuit from 12 states concerned about competition in the media market. A hearing is scheduled for August 3 to address the potential indefinite blocking of the deal.
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Judge Throws Hollywood’s Biggest Media Deal Into Limbo
Federal Judge Halts Paramount-Warner Bros. Merger for 14 Days